PRIME LITTLE HAVANA INVESTMENT: Fully Renovated 6-Unit Multifamily with 6.72% Cap Rate! A rare and fantastic turn-key investment opportunity in the heart of vibrant Little Havana! This fully renovated, stable 6-unit multifamily building generates an impressive $13,850 per month in rental income, translating to a strong 6.72% Capitalization Rate. The property is built for durability and compliance: 40-Year Recertification is complete (2025), the roof was replaced in 2024 (with permit), and all A/C units/mini-splits were updated in 2023. 5 spacious 2-Bed/1-Bath units and 1 large 3-Bed/1-Bath unit, totaling 4,608 SF of living space. Located in a high-demand, appreciating area, this property is the perfect investment for a stable income stream and long-term appreciation.
Property Details
Price:
$1,899,999
MLS #:
A12004679
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HORNERS ADDN
Neighborhood:
hornersaddn
Listed Date:
Apr 20, 2026
Finished Sq Ft:
4,608
Total Sq Ft:
4,608
Year Built:
1925
See this Listing
Schools
Interior
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Interior Features
First Floor Entry, Second Floor Entry, Other
Exterior
Architectural Style
Detached, Two Story, Other
Community Features
None
Construction Materials
Frame With Stucco
Direction Faces
Southwest
Exterior Features
None, Open Balcony
Lot Features
Less Than 1/4 Acre Lot
Parking Features
None
Patio And Porch Features
Open Balcony
Roof
Composition Roll
Security Features
Fire Alarm
View
None
Financial
Tax Year
2025
Taxes
$24,355
Map
Community
- Address500 SW 8th St Miami FL
- SubdivisionHORNERS ADDN
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
Market Summary
Current real estate data for Single Family in Miami as of Apr 22, 2026
3,650
Single Family Listed
129
Avg DOM
585
Avg $ / SqFt
$1,682,031
Avg List Price
Property Summary
- Located in the HORNERS ADDN subdivision, 500 SW 8th St Miami FL is a Single Family for sale in Miami, FL, 33130. It is listed for $1,899,999 and features 12 beds, 6 baths, and has approximately 4,608 square feet of living space, and was originally constructed in 1925. The current price per square foot is $412. The average price per square foot for Single Family listings in Miami is $585. The average listing price for Single Family in Miami is $1,682,031.
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